This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Energy Stocks: Winners and Losers

NEW YORK ( TheStreet) -- Atlas Pipeline Partners (APL - Get Report), Southwestern Energy (SWN - Get Report) and Encana (ECA - Get Report) were the top gainers, while YPF (YPF - Get Report), Oasis Petroleum (OAS - Get Report) and Oil States International (OIS - Get Report) headed the losers' list last week.

Atlas Pipeline Partners (APL - Get Report) and Southwestern Energy (SWN - Get Report) grossed highest gains last week, growing 12.1% and 11.4%, respectively.

Encana rose 11.1%, after the company sought to buy a 30% stake in the Kitimat liquefied natural gas terminal. The company has agreed to acquire a 30% interest in the planned Kitimat LNG export terminal -- located on the west coast of central British Columbia -- and the associated natural gas pipeline.

Other prominent winners were Comstock Resources (CRK - Get Report), InterOil (IOC) and EV Energy Partner (EVEP), up 11.1%, 10.9% and 10.5%, respectively.

Cabot Oil & Gas (COG) surged 10.1% after the company received an upgrade from a couple of leading brokerages. The BOFA Merrill Lynch revised the stock's investment rating to buy from neutral and increased the price target to $55. Besides, Goldman Sachs also upgraded the stock to buy from neutral, following Marcellus Shale growth, and revised its target price upwards to $60 from $52.

STR Holdings (STRI) rose 10.1% last week after the company reported 2010 net income of $49.3 million, from $ 23 million in 2009, benefiting from robust sales of its solar products, particularly in Asia.

Solar Stocks Yingli Green Energy Holding (YGE) and Trina Solar (TSL) were up 9.8% and 9.6%, respectively.

Other winners Petrohawk Energy (HK) and Teekay LNG Partners (TGP) rose 9.2% and 9%, respectively.

Complete Production Services (CVX) advanced 9% after SunTrust initiated a buy on the stock with a target price of $37.5.

Other solar stocks Rosetta Resources (ROSE), CARBO Ceramics (CRR), Ultra Petroleum (UPL), GT Solar International (SOLR) and Range Resources (RRC) advanced around 9%, 8.5%, 8.5%, 8.4% and 7.9%, respectively.

YPF was a major loser, erasing 9% value last week. Oil States International shed 5.2%. Oasis Petroleum lost 5.3% during the week, after brokerage firm Madison Williams downgraded the stock from accumulate to neutral, citing relative valuation.

Among other losers, Enbridge Energy Management (EEQ), Ecopetrol (EC), PetroChina (PTR), China Petroleum & Chemical (SNP) and Tidewater (TDW) dropped 4.4%, 4.3%, 4.1%, 4.1% and 3.7%, respectively.

Quicksilver Resources (KWK) erased 3.5% last week. According to the Wall Street Journal, Dardens, the founding family of Quicksilver Resources holding 26% equity share, abandoned the bid to take the company private. The Darden family and SPO Partners & Company -- QuickSilver's second-largest shareholder -- were given time until March 16 to arrange for the buyout. However, talks between SPO Partners and Dardens failed and the bid was subsequently dropped.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
APL $26.63 0.00%
CRK $4.75 1.10%
ECA $14.08 0.93%
OAS $16.13 0.25%
OIS $43.19 -0.60%

Markets

DOW 18,064.06 +26.09 0.14%
S&P 500 2,110.50 +1.58 0.07%
NASDAQ 5,060.8230 +0.5770 0.01%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs